There was a dichotomy between money laundering in relation to drug trafficking under s.49(2) Drug Trafficking Act 1994 and money laundering in relation to other serious crimes under s.93(C)(2) Criminal Justice Act 1988. Where laundered money came from a criminal activity but the precise source could not be pinpointed, the appropriate course was to lay a compendious count of conspiracy to launder money illicitly obtained, whether by drug trafficking or by some other criminal activity.

CA (Crim Div) (Latham LJ, Sir Harry Ognall, Judge Zucker QC)

26/07/2000